What are the benefits of utilising the services of a financial advisor

Financial advice revolves around money, and the affluent individuals that most financial planners work with have a good amount of it. Financial advice revolves around investments, and how to manage them effectively. A lot of time is often spent on investment portfolios, asset allocation, and decisions about particular investments, including whether to implement them with passive or active strategies.

What are the costs involved in various financial products

Financial products act as an investment avenue and provide the required financial security to the investors based on the risk-return profile of the financial products. Traditionally, in India there were financial products offered by Government like

Bank deposits by Public sector banks.
Insurance products by LIC.
RD, NSC and KVP by postal department.

Reverse Mortgage – how it works

How does a Reverse Mortgage work ?

The reverse mortgage, introduced by the Union Government in 2007, is an answer to financial  issues faced by senior citizens, giving them a life of dignity. For senior citizens, who have a lack of regular income or financial support , this could lead to a financial crisis.  In simple terms, a reverse mortgage is the “opposite” of a conventional home loan. A reverse mortgage enables a senior citizen to receive a regular stream of income from a lender (a bank or a financial institution) against the mortgage of his home. The borrower (i.e. the individual pledging the property), continues to reside in the property till the end of his life and receives a periodic payment on it.

Understanding PMS and its Fee Structure

Portfolio Management Services (PMS) is an investment portfolio in stocks,cash, fixed income, debt, structured products and other individual securities, managed by a professional money manager, that can potentially be tailored to meet specific investment objectives. One has the freedom and flexibility to tailor his/her portfolio to address personal preferences and financial goals.

Real Estate Investments in India

The Current scenario

Real estate has become a popular investment avenue. However, lack of transparency and tight regulations means buyers are making investment decisions with limited understanding of the risks involved in parking their hard-earned money in real estate. Though you cannot make your real estate investments risk-free, you must be aware of the possible dangers on the road to property ownership. Here, we discuss a few of these pitfalls.